What happens when a state like California jumps into issues usually reserved for Congress? Jeff Tyler reports. First in <a href="http://marketplace.publicradio.org/features/realagenda/"><strong>The Real Agenda</strong></a> series.

Shares in online gambling firms plunged by up to 60% on the London Stock Exchange today. Investors have been baling out of the sector after Congress passed a bill cracking down on Internet betting. Stephen Beard reports.